When a Union Bargains Successfully with Employers, What Happens to Quantity

question 73

Multiple Choice

When a union bargains successfully with employers, what happens to quantity of labour supplied and demanded in that industry?

• A) Both the quantity of labour supplied and the quantity of labour demanded increase.
• B) Both the quantity of labour supplied and the quantity of labour demanded decrease.
• C) The quantity of labour supplied increases and the quantity of labour demanded decreases.
• D) The quantity of labour supplied decreases the quantity of labour demanded increases.

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Definitions:

Labour Relations Practitioners

Professionals who manage the relationship between employers and employees, including negotiations, contracts, and workplace disputes.

Unacceptable Solutions

Proposed resolutions to problems that are deemed insufficient, inappropriate, or ineffective by stakeholders.

Biased

Refers to an unfair tendency or prejudice towards certain ideas, groups, or individuals which can affect decision-making processes.

Time Commitment Costs

The expenses associated with the amount of time required to complete a task or project, considering how that time could have been spent on other activities.